Published: October 15, 2008
The European Investment Bank (EIB) has appointed Plutarchos Sakellaris as vice-president. His responsibilities on the EIB’s management committee include supervising financing operations in Denmark, Ireland, Greece, Cyprus, and African, Caribbean and Pacific countries. Sakellaris also takes over the EIB’s economic and financial studies division.
Before joining the bank, Sakellaris was chairman of the council of economic advisers at Greece’s ministry of economy and finance and professor in the department of economics at the Athens University of Economics and Business.
He has also been the alternate governor for Greece at the World Bank and served on the board of directors of the National Bank of Greece, Greece’s public debt management agency and the Institute for Economic and Industrial Research.
Under the authority of Philippe Maystadt, president of the EIB, the management committee, based in Luxembourg, collectively oversees the day-to-day running of the EIB as well as preparing and ensuring the implementation of the board of directors’ decisions, notably regarding borrowing and lending operations.